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EC SD | I can confirm that non-farm wealthy are buying land on a regular basis. I have met several over the years, and a couple real estate brokers have told me about a few of their clients...
These people collect farms (160 acres at a time) like stackers collect coins/bars. Once they have a large base of wealth, like thousands of acres, and high incomes, it is easy to buy more land using leverage, and then paying them off on a regular basis using the income.
We also have many Hutterite colonies using pooled assets to do the same. Expanding their land holdings every year. | |
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To the young guys- inheritance